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Dropping the Anchor on the Market

In: NAVIGATING ASEAN-NOVATION The Reservoir Principle and Other Essays on Startups and Innovation in Southeast Asia

Author

Listed:
  • Yinglan Tan
  • Paulo Joquiño

Abstract

Frontiers are eventually settled upon and explorations standardized over time. As more astronauts went into space, agencies created training programs, astronauts themselves built the International Space Station, and tours were set for astronauts to take shifts on these stations. European traders set up outposts on coasts and islands along routes outlined by earlier seafarers. Mount Everest hikers and locals set up base camps and planned routes to reach the summit. The goal of this standardization is to ensure these trips can be taken repeatedly over time with relative safety and set expectations. In the process, what was once uncharted eventually becomes more accessible with lower barriers to entry…

Suggested Citation

  • Yinglan Tan & Paulo Joquiño, 2020. "Dropping the Anchor on the Market," World Scientific Book Chapters, in: Yinglan Tan & Paulo Joquiño (ed.), NAVIGATING ASEAN-NOVATION The Reservoir Principle and Other Essays on Startups and Innovation in Southeast Asia, chapter 6, pages 85-110, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814518734_0006
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    More about this item

    Keywords

    ASEAN; Southeast Asia; Innovation; Startup; Business; Reservoir Principle; Venture Capital; Ecosystem; Startup Ecosystem;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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